Arctic Star Exploration (CVE:ADD) Shares Up 50% – Time to Buy?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price traded up 50% during mid-day trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 170,000 shares traded hands during trading, a decline of 41% from the average session volume of 285,976 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Stock Performance

The company has a 50-day moving average of C$0.01 and a 200 day moving average of C$0.02. The firm has a market capitalization of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52.

Arctic Star Exploration Company Profile

(Get Free Report)

Arctic Star Exploration Corp., a junior natural resource company, acquires, explores, and develops mineral properties in Canada and Finland. It primarily explores for diamond. The company’s flagship project is the Diagras diamond project located in the north-eastern part of the prolific Lac de Gras kimberlite field.

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